2018

Government dismantling REIT hurdles

Posted on

By Elijah Joseph C. Tubayan, December 5 2018; Business World https://www.bworldonline.com/government-dismantling-reit-hurdles/ Image Credit to Business World GOVERNMENT MOVES to dismantle the two roadblocks to the establishment of real estate investment trusts (REIT) may finally kick-start their formation. At a hearing of the House of Representatives Economic Affairs committee on Tuesday, an official of the Securities and […]

2018

SRA seeks DTI imprimatur for SRP on sugar

Posted on

By Elijah Felice Rosales, December 4 2018; Business Mirror https://businessmirror.com.ph/sra-seeks-dti-imprimatur-for-srp-on-sugar/ Image Credit to BusinessMirror The Sugar Regulatory Administration (SRA) is asking the trade department to consider putting a suggested retail price (SRP) on sugar as sought by consumers and food processors. SRA Board Member Emiliano Bernardino L. Yulo on Monday said the agency would request the […]

2018

Palace: It’s a go for fuel tax hike

Posted on

By Christine O. Avendaño, Jovic Yee, Julie M. Aurelio https://newsinfo.inquirer.net/1059687/palace-its-a-go-for-fuel-tax-hike Image Credit to Inquirer.net Malacañang is supporting the decision of government economic managers to push through with the second round of fuel tax increases next month. Presidential spokesperson Salvador Panelo said the economic managers had their reasons for withdrawing their initial recommendation to suspend the fuel tax increase […]

2018

Boracay closure prompts DOT to rework tourism goals

Posted on

By Ma. Stella F. Arnaldo, December 3 2018; Business Mirror https://businessmirror.com.ph/boracay-closure-prompts-dot-to-rework-tourism-goals/ Image Credit to Business Mirror FOREIGN arrivals targets under the National Tourism Development Plan (NTDP) will likely be scaled down in the wake of the closure of Boracay Island this year. This was disclosed by Tourism Secretary Bernadette Romulo Puyat to reporters on the sidelines […]

2018

Pagcor eases fears of alien surge in Pogo, amid China labor influx

Posted on

By Jovee Marie N. dela Cruz & Rea Cu, November 29 2018; Business Mirror https://businessmirror.com.ph/pagcor-eases-fears-of-alien-surge-in-pogo-amid-china-labor-influx/ Image Credit to Manila Bulletin AMID rising unemployment, lawmakers from the minority bloc have expressed alarm over the increasing numbers of Chinese workers in the country. However, the state gaming regulator eased public apprehension about Chinese workers edging out Filipinos in the so-called “Pogo” […]

2018

House ratifies bicam reports on rice tariffs, coco levy

Posted on

By  Jovee Marie de la Cruz, November 29 2018; Business Mirror https://businessmirror.com.ph/house-ratifies-bicam-reports-on-rice-tariffs-coco-levy/ Image Credit to Business World THE House of Representatives on Wednesday endorsed for President Duterte’s signature the rice tariffication bill and the coco levy trust fund bill after it ratified the bicameral committee reports on the two measures. Camarines Sur Rep. Luis Raymund F. […]

2018

Policies for SMEs to protect their business

Posted on

By Henry J. Schumacher, November 27 2018; Business Mirror https://businessmirror.com.ph/policies-for-smes-to-protect-their-business/ Image Credit to Rappler Small and midsize businesses are increasingly being targeted by cybercriminals—but they often lack the resources and expertise to develop comprehensive security policies to help defend against threats. These companies also have done little yet to fully comply with the Data Privacy Act […]

2018

DTI chief, House member press Senate to pass P3 measure to benefit MSMEs

Posted on

By Elijah Felice Rosales, November 27 2018; Business Mirror https://businessmirror.com.ph/dti-chief-house-member-press-senate-to-pass-p3-measure-to-benefit-msmes/ Image Credit to Department of Trade and Industry The country’s trade chief and a Mindanao legislator on Monday called on Senators to pass the measure that seeks to institutionalize the Pondo sa Pagbabago at Pag-asenso (P3) program. In his speech at the P3 National Congress in […]

2018

Arroyo to Executive branch: Take extra step to enforce economic laws and policies

Posted on

By Jovee Marie de la Cruz, November 27 2018; Business Mirror https://businessmirror.com.ph/arroyo-to-executive-branch-take-extra-step-to-enforce-economic-laws-and-policies/ Image Credit to Philippine Star House Speaker Gloria Macapagal-Arroyo on Monday urged the Executive branch of government to take “extra action” to implement economic laws and polices passed by Congress and “transform these into actual business activity.” At a lunch briefing with media, Arroyo said […]

2018

DOF reviewing mechanics of fuel excise tax suspension

Posted on

By Rea Cu, November 27 2018; Business Mirror https://businessmirror.com.ph/dof-reviewing-mechanics-of-fuel-excise-tax-suspension/ Image Credit to Business Mirror THE Department of Finance (DOF) is reviewing the measure on the suspension of the fuel excise tax increase for 2019, looking at how to shorten the period of the suspension when it is implemented next year. Finance Secretary Carlos G. Dominguez […]